Transocean Stock Z Score

RIG Stock

USD 4.34 0.11 2.60%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Transocean Piotroski F Score and Transocean Valuation analysis.

For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.

At this time, Transocean's Additional Paid In Capital is most likely to increase significantly in the upcoming years. The Transocean's current Net Working Capital is estimated to increase to about 1.3 B, while Capital Surpluse is projected to decrease to roughly 10.8 B. At this time, Transocean's Other Operating Expenses is most likely to decrease significantly in the upcoming years. The Transocean's current Discontinued Operations is estimated to increase to about 1.9 M, while Gross Profit is projected to decrease to roughly 96.9 M.

Transocean Company Z Score Analysis

Transocean's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Transocean Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Transocean is extremely important. It helps to project a fair market value of Transocean Stock properly, considering its historical fundamentals such as Z Score. Since Transocean's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Transocean's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Transocean's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Intangible Assets	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.84	0.56	0.77	0.82	0.97	0.9	0.65	0.62	0.53	0.96	0.47	0.93	0.29	-0.19	0.35	0.12	-0.26	-0.41	-0.29	0.13	-0.25	0.31	0.21	0.29	-0.25
Total Stockholder Equity	0.97		0.78	0.56	0.64	0.71	0.88	0.83	0.55	0.48	0.37	0.88	0.3	0.95	0.27	-0.13	0.43	-0.02	-0.19	-0.54	-0.16	-0.03	-0.14	0.27	0.18	0.27	-0.23
Net Debt	0.84	0.78		0.12	0.55	0.55	0.86	0.59	0.39	0.52	0.36	0.88	0.32	0.88	-0.14	0.23	-0.09	-0.01	0.12	-0.32	-0.24	-0.1	0.13	-0.1	0.2	-0.14	0.02
Retained Earnings	0.56	0.56	0.12		0.58	0.76	0.52	0.77	0.73	0.47	0.52	0.43	0.44	0.37	0.72	-0.85	0.91	0.55	-0.78	-0.17	-0.07	0.5	-0.75	0.93	0.43	0.91	-0.72
Accounts Payable	0.77	0.64	0.55	0.58		0.94	0.83	0.86	0.88	0.57	0.78	0.79	0.76	0.59	0.55	-0.46	0.27	0.37	-0.6	0.04	-0.61	0.59	-0.62	0.44	0.02	0.41	-0.2
Net Receivables	0.82	0.71	0.55	0.76	0.94		0.86	0.92	0.94	0.69	0.7	0.78	0.65	0.64	0.64	-0.61	0.5	0.43	-0.7	-0.05	-0.46	0.53	-0.67	0.62	0.17	0.58	-0.39
Total Liab	0.97	0.88	0.86	0.52	0.83	0.86		0.91	0.7	0.69	0.65	0.98	0.6	0.87	0.29	-0.21	0.25	0.23	-0.29	-0.28	-0.38	0.27	-0.32	0.31	0.22	0.29	-0.24
Total Current Assets	0.9	0.83	0.59	0.77	0.86	0.92	0.91		0.79	0.66	0.68	0.87	0.62	0.73	0.58	-0.51	0.53	0.36	-0.57	-0.3	-0.34	0.42	-0.6	0.61	0.24	0.61	-0.45
Common Stock	0.65	0.55	0.39	0.73	0.88	0.94	0.7	0.79		0.67	0.62	0.6	0.58	0.49	0.65	-0.69	0.5	0.42	-0.82	0.11	-0.4	0.55	-0.69	0.65	0.13	0.6	-0.38
Short Term Debt	0.62	0.48	0.52	0.47	0.57	0.69	0.69	0.66	0.67		0.51	0.59	0.49	0.48	0.34	-0.44	0.26	0.24	-0.46	0.2	-0.41	0.37	-0.38	0.39	0.07	0.31	-0.24
Intangible Assets	0.53	0.37	0.36	0.52	0.78	0.7	0.65	0.68	0.62	0.51		0.6	0.99	0.25	0.32	-0.46	0.17	0.58	-0.46	0.27	-0.5	0.87	-0.62	0.48	0.24	0.44	-0.35
Long Term Debt	0.96	0.88	0.88	0.43	0.79	0.78	0.98	0.87	0.6	0.59	0.6		0.55	0.89	0.19	-0.08	0.19	0.19	-0.2	-0.37	-0.39	0.18	-0.25	0.21	0.19	0.21	-0.18
Good Will	0.47	0.3	0.32	0.44	0.76	0.65	0.6	0.62	0.58	0.49	0.99	0.55		0.2	0.3	-0.42	0.1	0.54	-0.42	0.35	-0.57	0.89	-0.6	0.41	0.16	0.36	-0.26
Property Plant Equipment	0.93	0.95	0.88	0.37	0.59	0.64	0.87	0.73	0.49	0.48	0.25	0.89	0.2		0.16	0.04	0.24	-0.11	-0.05	-0.52	-0.24	-0.17	0.01	0.09	0.11	0.08	-0.01
Current Deferred Revenue	0.29	0.27	-0.14	0.72	0.55	0.64	0.29	0.58	0.65	0.34	0.32	0.19	0.3	0.16		-0.76	0.61	0.24	-0.76	0.01	-0.37	0.48	-0.72	0.69	-0.12	0.7	-0.25
Short Term Investments	-0.19	-0.13	0.23	-0.85	-0.46	-0.61	-0.21	-0.51	-0.69	-0.44	-0.46	-0.08	-0.42	0.04	-0.76		-0.79	-0.62	0.86	-0.24	0.13	-0.67	0.82	-0.91	-0.27	-0.84	0.61
Net Tangible Assets	0.35	0.43	-0.09	0.91	0.27	0.5	0.25	0.53	0.5	0.26	0.17	0.19	0.1	0.24	0.61	-0.79		0.43	-0.68	-0.28	0.14	0.23	-0.6	0.86	0.39	0.84	-0.69
Long Term Debt Total	0.12	-0.02	-0.01	0.55	0.37	0.43	0.23	0.36	0.42	0.24	0.58	0.19	0.54	-0.11	0.24	-0.62	0.43		-0.55	0.09	-0.01	0.64	-0.73	0.73	0.71	0.68	-0.69
Capital Surpluse	-0.26	-0.19	0.12	-0.78	-0.6	-0.7	-0.29	-0.57	-0.82	-0.46	-0.46	-0.2	-0.42	-0.05	-0.76	0.86	-0.68	-0.55		-0.16	0.26	-0.62	0.89	-0.82	-0.1	-0.82	0.57
Deferred Long Term Liab	-0.41	-0.54	-0.32	-0.17	0.04	-0.05	-0.28	-0.3	0.11	0.2	0.27	-0.37	0.35	-0.52	0.01	-0.24	-0.28	0.09	-0.16		-0.42	0.56	-0.12	-0.06	-0.33	-0.17	0.23
Accumulated Depreciation	-0.29	-0.16	-0.24	-0.07	-0.61	-0.46	-0.38	-0.34	-0.4	-0.41	-0.5	-0.39	-0.57	-0.24	-0.37	0.13	0.14	-0.01	0.26	-0.42		-0.5	0.37	0.02	0.53	0.03	-0.41
Short Long Term Debt	0.13	-0.03	-0.1	0.5	0.59	0.53	0.27	0.42	0.55	0.37	0.87	0.18	0.89	-0.17	0.48	-0.67	0.23	0.64	-0.62	0.56	-0.5		-0.75	0.58	0.11	0.53	-0.34
Long Term Investments	-0.25	-0.14	0.13	-0.75	-0.62	-0.67	-0.32	-0.6	-0.69	-0.38	-0.62	-0.25	-0.6	0.01	-0.72	0.82	-0.6	-0.73	0.89	-0.12	0.37	-0.75		-0.83	-0.21	-0.84	0.56
Cash And Equivalents	0.31	0.27	-0.1	0.93	0.44	0.62	0.31	0.61	0.65	0.39	0.48	0.21	0.41	0.09	0.69	-0.91	0.86	0.73	-0.82	-0.06	0.02	0.58	-0.83		0.54	0.98	-0.78
Net Invested Capital	0.21	0.18	0.2	0.43	0.02	0.17	0.22	0.24	0.13	0.07	0.24	0.19	0.16	0.11	-0.12	-0.27	0.39	0.71	-0.1	-0.33	0.53	0.11	-0.21	0.54		0.49	-0.69
Net Working Capital	0.29	0.27	-0.14	0.91	0.41	0.58	0.29	0.61	0.6	0.31	0.44	0.21	0.36	0.08	0.7	-0.84	0.84	0.68	-0.82	-0.17	0.03	0.53	-0.84	0.98	0.49		-0.78
Capital Stock	-0.25	-0.23	0.02	-0.72	-0.2	-0.39	-0.24	-0.45	-0.38	-0.24	-0.35	-0.18	-0.26	-0.01	-0.25	0.61	-0.69	-0.69	0.57	0.23	-0.41	-0.34	0.56	-0.78	-0.69	-0.78

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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Transocean

Based on the company's disclosures, Transocean has a Z Score of 0.0. This is 100.0% lower than that of the Energy Equipment & Services sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.

Transocean ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Transocean's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Transocean's managers, analysts, and investors.

Environmental

Governance

Social

Transocean Institutional Holders

Institutional Holdings refers to the ownership stake in Transocean that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Transocean's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Transocean's value.

		Shares
American Century Companies Inc	2024-09-30	12.7 M
Neuberger Berman Group Llc	2024-06-30	12.5 M
Elliott Investment Management Lp	2024-06-30	11.9 M
Charles Schwab Investment Management Inc	2024-09-30	11.6 M
Keybank National Association	2024-06-30	9.8 M
Northern Trust Corp	2024-09-30	7 M
Kailix Advisors Llc	2024-09-30	6.6 M
Nuveen Asset Management, Llc	2024-06-30	6.2 M
Ensign Peak Advisors Inc	2024-06-30	6 M
Vanguard Group Inc	2024-09-30	77.9 M
Blackrock Inc	2024-06-30	64.9 M

Transocean Fundamentals

	Return On Equity	-0.0606
	Return On Asset	0.0061
	Profit Margin	(0.19) %
	Operating Margin	0.16 %
	Current Valuation	10.2 B
	Shares Outstanding	875.8 M
	Shares Owned By Insiders	16.65 %
	Shares Owned By Institutions	71.58 %
	Number Of Shares Shorted	149.41 M
	Price To Earning	(3.44) X
	Price To Book	0.36 X
	Price To Sales	1.12 X
	Revenue	2.83 B
	Gross Profit	907 M
	EBITDA	501 M
	Net Income	(954 M)
	Cash And Equivalents	683 M
	Cash Per Share	1.32 X
	Total Debt	7.85 B
	Debt To Equity	0.64 %
	Current Ratio	1.64 X
	Book Value Per Share	11.68 X
	Cash Flow From Operations	164 M
	Short Ratio	8.28 X
	Earnings Per Share	(0.76) X
	Price To Earnings To Growth	(22.91) X
	Target Price	5.33
	Number Of Employees	5.43 K
	Beta	2.79
	Market Capitalization	3.7 B
	Total Asset	20.25 B
	Retained Earnings	(4.03 B)
	Working Capital	729 M
	Current Asset	4.79 B
	Current Liabilities	2.67 B
	Net Asset	20.25 B

About Transocean Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Transocean's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Transocean using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Transocean based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Transocean is a strong investment it is important to analyze Transocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transocean's future performance. For an informed investment choice regarding Transocean Stock, refer to the following important reports:

How To Invest In Transocean

Details

Is Transocean Stock a good investment?

Details

What is Transocean's Net Worth?

Details

Largest Energy Equipment & Services Companies

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Check out Transocean Piotroski F Score and Transocean Valuation analysis.

For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Transocean. If investors know Transocean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Transocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.76)

Revenue Per Share

3.983

Quarterly Revenue Growth

0.33

Return On Assets

0.0061

Return On Equity

(0.06)

The market value of Transocean is measured differently than its book value, which is the value of Transocean that is recorded on the company's balance sheet. Investors also form their own opinion of Transocean's value that differs from its market value or its book value, called intrinsic value, which is Transocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Transocean's market value can be influenced by many factors that don't directly affect Transocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Transocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Transocean Stock Z Score

Transocean Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Transocean Z Score Driver Correlations

Transocean ESG Sustainability

Transocean Institutional Holders

Transocean Fundamentals

About Transocean Fundamental Analysis

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